Daytona schedules two budget review meetings in August

Find out about next year’s proposed property tax rate and other important financial decisions about Daytona Beach government at 6 p.m. Aug. 28 at the Daytona Beach Police Department headquarters, 129 Valor Blvd., and 6 p.m. Aug. 29 at the Schnebly Community Center, 1001 N. Atlantic Ave.

Residents are encouraged to attend and learn more about the budget including an overview of what the city has done to reduce expenses, recent property tax and property assessment trends, priorities, capital projects and more.

Next year’s budget proposes a tax rate of $7.36 per $1,000 of property value. Based on the average assessed value of a home in Daytona Beach, an owner would pay about $264 in property taxes under the proposal.

The city commission will vote on the budget and tax rate at two regularly scheduled meetings in September.